US Stock Market Sector Analysis – Monday, November 17, 2025 BEARISH

Dell Technologies (DELL) headlines the action after a rare double downgrade sent the stock tumbling 8.4% to $121.57 and pressured the Infrastructure sector, which closed down 4.9% on the day. The move amplified a broad risk-off tone in the US stock market where 20 of 24 sectors finished lower and only 3 sectors advanced; just 7 sectors trade above their 50-day moving average while 17 sit below. The Magnificent 7 group was mixed, edging -0.3% on the session with Alphabet (GOOG) up 3.1% to $285.04 and NVIDIA (NVDA) slipping 1.9% to $186.36 as investors rotated into defensive Utilities names. Market leadership remained narrow: NextEra Energy (NEE) and Duke Energy (DUK) outperformed while Infrastructure and Airlines were among the worst performers today.

Market Condition Dashboard

US 10-Year Treasury Yield

Wait & Watch

4.13%

stable

Impact

Confidence

Crude Oil (WTI)

Neutral

$59.91

-0.3% 1D

Impact

Confidence

VIX (Fear Index)

Elevated Caution

22.4

+12.9% 1D

Impact

Confidence

200-Day Moving Average

Bullish Trend Intact

0/3 below

SPY above (+8.9%), QQQ above (+11.5%), DIA above (+6.8%)

Impact

Confidence

Tracked Stocks Breadth (50DMA)

Strong Cash-Deploy Signal

38%

26 of 68 above 50DMA · -17.6pp 5D

Impact

Confidence

Put/Call Ratio (5D)

Caution

0.73

Call-Heavy · rising

Impact

Confidence

Signal analysis only — not investment advice

Sector Performance (Base=100)

AI and Technology Sector Analysis

The AI investment theme retains a bifurcated picture: the Mag 7 continue to anchor AI sentiment but dispersion is growing. NVIDIA (NVDA) at $186.36 and Microsoft (MSFT) at $504.30 remain central to chip and software demand even as the chip supply chain average is below its 50-day line and the Infrastructure group is under pressure. Alphabet (GOOG) at $285.04 led the Mag 7 higher today, underscoring ad/AI monetization durability, while weakness in Enterprise Software and infrastructure hardware names shows that AI infrastructure spending is routing through select vendors rather than broad mid-cap suppliers.

US Stock Sector Overview

Sector	1D	5D	20D	vs 50MA
Mag 7 (AI Spenders)	-0.3%	-3.7%	-0.6%	ABOVE
Chip Supply Chain	-1.9%	-4.3%	-4.5%	BELOW
Infrastructure	-4.9%	-5.9%	-11.9%	BELOW
Enterprise Software	-2.0%	-4.7%	-9.0%	BELOW
Finance	-1.5%	-4.6%	+1.6%	BELOW
Healthcare	-0.4%	+0.7%	+7.8%	BELOW
Retail	-0.3%	-0.3%	-2.8%	BELOW
IT Services	-2.2%	-2.9%	+1.1%	BELOW
Airlines	-4.9%	-4.3%	-10.3%	BELOW
Hospitality & Travel	-2.9%	-4.0%	-1.9%	BELOW
Food & Restaurant	-1.0%	-1.5%	-1.4%	ABOVE
Logistics	-0.6%	-0.1%	+8.9%	ABOVE
Industrial	-0.9%	-2.2%	+2.7%	BELOW
Cybersecurity	-1.4%	-7.6%	-1.7%	BELOW
Chip Equipment	+0.6%	-2.5%	+0.9%	ABOVE
Data Center REITs	-0.7%	-5.9%	-6.8%	BELOW
Utilities	+1.6%	+0.8%	-1.8%	ABOVE
Energy	-1.6%	-0.9%	+3.0%	BELOW
Defense & Aerospace	+0.1%	-0.7%	-0.7%	ABOVE
Telecom	-0.2%	+1.2%	-2.1%	BELOW
Media & Entertainment	-0.5%	-5.5%	-9.3%	BELOW
Biotech	+0.4%	+1.1%	+6.7%	ABOVE
Materials	-1.9%	-2.8%	-3.9%	BELOW
Analog & Embedded Chips	-3.0%	-4.2%	-18.5%	BELOW

Sector Strength

Utilities +1.6% 20d: -1.8%

NextEra Energy (NEE) +2.2% (20d: +2.1%), Duke Energy (DUK) +2.0% (20d: -1.6%), Southern Co (SO) +0.7% (20d: -5.9%) [<50MA]

Chip Equipment +0.6% 20d: +0.9%

ASML +1.3% (20d: -0.3%), Applied Materials (AMAT) +1.2% (20d: +1.2%), Lam Research (LRCX) -0.5% (20d: +1.7%)

Biotech +0.4% 20d: +6.7%

Amgen (AMGN) +1.5% (20d: +13.5%), Gilead (GILD) -0.7% (20d: +0.0%)

Sector Warnings

Airlines -4.9% 20d: -10.3% CRITICAL

United (UAL) -5.3% (20d: -10.1%) [<50MA], Delta (DAL) -4.5% (20d: -10.5%) [<50MA]

Infrastructure -4.9% 20d: -11.9% CRITICAL

Dell (DELL) -8.4% (20d: -18.0%) [<50MA], Hewlett Packard Enterprise (HPE) -7.0% (20d: -8.8%) [<50MA], Super Micro (SMCI) -6.4% (20d: -37.8%) [<50MA]

Analog & Embedded Chips -3.0% 20d: -18.5% CRITICAL

Microchip Technology (MCHP) -3.3% (20d: -23.4%) [<50MA], Texas Instruments (TXN) -2.7% (20d: -13.5%) [<50MA]

Hospitality & Travel -2.9% 20d: -1.9%

Booking (BKNG) -4.8% (20d: -9.1%) [<50MA], Marriott (MAR) -1.0% (20d: +5.4%)

IT Services -2.2% 20d: +1.1%

IBM -2.8% (20d: +5.9%), Accenture (ACN) -1.6% (20d: -3.7%) [<50MA]

Sector Deep Dive

Infrastructure is the clear trouble spot this 50-day window: the sector is down 3.8% versus its 50-day level and the 20-day decline of -11.9% triggered a high alert. Dell Technologies (DELL) led the selloff, falling 8.4% to $121.57 after the downgrade, while Hewlett Packard Enterprise (HPE) slid 7.0% to $20.91 and Super Micro (SMCI) dropped 6.4% to $34.10. Over the last 50 days the group has moved from outperformer to laggard, and today's waterfall highlights rising downside risk for hardware vendors tied to AI infrastructure spending.

Airlines are similarly under pressure on both short and medium horizons: the sector is below its 50-day moving average with a 50-day gap of -11.3% and a 20-day decline of -10.3%, generating a high alert. United Airlines (UAL) was a top loser, down 5.3% to $89.95, and Booking (BKNG) led hospitality weakness with a 4.8% slide to $190.88. The 50-day trend confirms a deteriorating demand backdrop and makes discretionary exposure tactical rather than core until the technical downtrend resolves.

Chip Equipment and the broader chip supply chain are showing divergent 50-day dynamics. Chip Equipment sits above its 50-day moving average with a robust 50-day gain of +35.6% and the group ticked up 0.6% today, led by ASML (ASML) which rose 1.3% to $1,016.44. By contrast, the Chip Supply Chain average is below its 50-day line despite a positive 50-day gain of +20.1%, and the 1-day move of -1.9% reflects profit-taking in mid-cap suppliers. Investors should treat the 50-day picture as constructive for equipment leaders while being selective within supply-chain names showing early 20-day weakness.

Utilities are the defensive bright spot in today's sector analysis: the sector sits above its 50-day moving average with a 50-day gain of +9.1% and outperformed, rising 1.6% intraday. NextEra Energy (NEE) climbed 2.2% to $83.98 and Duke Energy (DUK) gained 2.0% to $123.06, providing safe-haven flows as risk appetite faded. The 50-day trend remains upward for the group, making large-cap regulated utilities a reasonable ballast while cyclical sectors work through near-term technical stress.

Market Breadth Analysis

US stock market breadth analysis shows 7 of 24 sectors trading above their 50-day moving average, while 17 are below. With the majority of sectors below the 50-day MA, medium-term momentum is deteriorating. The 20-day breadth shows 16 sectors in negative territory, pointing to widespread selling pressure.

Interactive Charts

S&P 500 & NASDAQ 100

50-Day Sector Performance

1-Day vs 5-Day Sector Change

Active Alerts

HIGH Infrastructure down -11.9% over 20 days

HIGH Airlines down -10.3% over 20 days

HIGH Analog & Embedded Chips down -18.5% over 20 days

HIGH Analog & Embedded Chips down -17.8% over 50 days

HIGH 6 sectors declining >5% over 20 days: Infrastructure, Enterprise Software, Airlines, Data Center REITs, Media & Entertainment, Analog & Embedded Chips

HIGH 4 sectors declining >10% over 50 days: Airlines, Media & Entertainment, Materials, Analog & Embedded Chips

MEDIUM META down -19.9% from 20-day high

Stock-Level Detail

Mag 7 (AI Spenders) Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
GOOG	$285.04	+3.1%	-2.1%	+13.6%	+19.0%	ABOVE	0
TSLA	$408.92	+1.1%	-7.0%	-7.6%	+17.9%	BELOW	0
MSFT	$504.30	-0.5%	-0.2%	-2.0%	+1.8%	BELOW	1
AMZN	$232.87	-0.8%	-6.5%	+4.9%	-2.3%	ABOVE	4
META	$600.45	-1.2%	-4.0%	-17.9%	-21.3%	BELOW	2
AAPL	$266.96	-1.8%	-2.8%	+1.9%	+14.2%	ABOVE	4
NVDA	$186.36	-1.9%	-3.4%	+3.0%	+9.3%	ABOVE	1

Chip Supply Chain Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
ARM	$140.26	+0.4%	-6.3%	-17.2%	-0.4%	BELOW	0
AVGO	$340.74	+0.1%	-2.6%	-0.0%	+2.0%	BELOW	0
TSM	$279.81	-1.0%	-3.1%	-4.2%	+12.7%	BELOW	1
INTC	$34.71	-2.3%	-8.4%	-8.9%	+42.0%	BELOW	3
AMD	$240.52	-2.5%	+1.3%	+1.0%	+54.4%	ABOVE	3
MRVL	$83.33	-3.5%	-6.6%	-1.0%	+24.9%	BELOW	3
QCOM	$164.24	-4.2%	-4.2%	-1.2%	+5.1%	BELOW	3

Infrastructure Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
CSCO	$76.66	-0.3%	+8.5%	+10.0%	+16.2%	ABOVE	1
VRT	$166.51	-2.5%	-6.9%	-4.7%	+32.7%	ABOVE	1
SMCI	$34.10	-6.4%	-12.2%	-37.8%	-20.5%	BELOW	1
HPE	$20.91	-7.0%	-7.3%	-8.8%	-10.6%	BELOW	3
DELL	$121.57	-8.4%	-11.7%	-18.0%	+1.3%	BELOW	3

Enterprise Software Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
PLTR	$171.25	-1.6%	-10.3%	-5.7%	+5.5%	BELOW	1
NOW	$167.16	-1.7%	-2.9%	-11.2%	-10.5%	BELOW	1
ADBE	$325.07	-1.8%	-2.4%	-9.1%	-8.2%	BELOW	3
CRM	$235.45	-2.7%	-3.1%	-10.0%	-5.8%	BELOW	1

Finance Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
JPM	$296.16	-1.1%	-4.8%	+1.1%	+1.3%	BELOW	3
GS	$764.33	-1.9%	-4.3%	+2.2%	+1.5%	BELOW	3

Healthcare Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
LLY	$1018.24	-0.3%	+3.5%	+28.0%	+36.3%	ABOVE	1
UNH	$314.13	-0.4%	-2.1%	-12.3%	-7.3%	BELOW	3

Retail Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
WMT	$102.33	+0.5%	-0.5%	-3.1%	+0.6%	BELOW	0
COST	$910.02	-1.1%	-0.1%	-2.5%	-6.7%	BELOW	2

IT Services Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
ACN	$236.46	-1.6%	-0.5%	-3.7%	-4.2%	BELOW	2
IBM	$293.33	-2.8%	-5.3%	+5.9%	+15.3%	ABOVE	1

Airlines Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DAL	$55.33	-4.5%	-3.4%	-10.5%	-7.8%	BELOW	3
UAL	$89.95	-5.3%	-5.3%	-10.1%	-14.9%	BELOW	3

Hospitality & Travel Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
MAR	$281.12	-1.0%	-3.1%	+5.4%	+7.2%	ABOVE	4
BKNG	$190.88	-4.8%	-4.9%	-9.1%	-13.8%	BELOW	3

Food & Restaurant Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
MCD	$299.37	-0.7%	-0.6%	-0.8%	-2.4%	ABOVE	2
SBUX	$82.67	-1.3%	-2.5%	-1.9%	+0.6%	ABOVE	3

Logistics Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
UPS	$91.35	-0.2%	+0.8%	+8.8%	+13.5%	ABOVE	1
FDX	$210.58	-1.1%	-1.1%	+9.0%	+17.3%	ABOVE	1

Industrial Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
CAT	$549.71	-0.4%	-2.8%	+5.2%	+32.4%	ABOVE	1
HON	$203.51	-1.5%	-1.6%	+0.1%	-2.3%	BELOW	1

Cybersecurity Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
PANW	$202.90	-1.1%	-7.0%	-5.4%	+2.7%	BELOW	1
CRWD	$132.45	-1.4%	-4.8%	+5.1%	+25.1%	ABOVE	1
ZS	$294.92	-1.5%	-11.0%	-5.0%	+4.5%	BELOW	4

Chip Equipment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
ASML	$1016.44	+1.3%	-0.2%	-0.3%	+26.9%	ABOVE	0
AMAT	$227.70	+1.2%	+0.0%	+1.2%	+39.9%	ABOVE	0
LRCX	$146.94	-0.5%	-7.4%	+1.7%	+40.0%	ABOVE	3

Data Center REITs Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DLR	$154.36	-0.3%	-6.4%	-8.1%	-3.1%	BELOW	1
EQIX	$764.24	-1.1%	-5.4%	-5.5%	-0.3%	BELOW	5

Utilities Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA
NEE	$83.98	+2.2%	-0.0%	+2.1%	+22.4%	ABOVE
DUK	$123.06	+2.0%	+2.1%	-1.6%	+4.9%	ABOVE
SO	$89.14	+0.7%	+0.2%	-5.9%	+0.1%	BELOW

Energy Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
XOM	$116.11	-1.3%	-0.9%	+5.3%	+7.3%	ABOVE	1
CVX	$150.25	-1.8%	-0.9%	+0.7%	-0.0%	BELOW	1

Defense & Aerospace Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
LMT	$461.76	+1.1%	+3.0%	-3.8%	+3.0%	BELOW	0
RTX	$173.64	+0.0%	-2.0%	+1.5%	+15.7%	ABOVE	0
GD	$337.33	-0.7%	-3.0%	+0.3%	+6.8%	ABOVE	1

Telecom Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
TMUS	$212.59	-0.1%	+1.8%	-5.8%	-11.1%	BELOW	1
VZ	$39.05	-0.1%	+0.8%	+1.8%	-4.3%	BELOW	2
T	$24.58	-0.5%	+1.2%	-2.2%	-12.5%	BELOW	2

Media & Entertainment Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
DIS	$104.18	-0.1%	-8.0%	-7.5%	-10.0%	BELOW	3
NFLX	$110.29	-0.8%	-3.0%	-11.2%	-12.7%	BELOW	3

Biotech Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
AMGN	$334.43	+1.5%	+1.0%	+13.5%	+22.1%	ABOVE	0
GILD	$121.78	-0.7%	+1.2%	+0.0%	+7.9%	ABOVE	2

Materials Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
LIN	$413.62	-1.3%	-2.1%	-7.2%	-11.7%	BELOW	3
APD	$248.15	-2.4%	-3.5%	-0.6%	-11.3%	BELOW	2

Analog & Embedded Chips Show individual tickers

Ticker	Price	1D	5D	20D	50D	vs 50MA	Down Days
TXN	$153.21	-2.7%	-3.0%	-13.5%	-15.5%	BELOW	3
MCHP	$50.68	-3.3%	-5.5%	-23.4%	-20.2%	BELOW	3

Key Stock Movers

Today's biggest movers by absolute percentage change: Dell (DELL) (Infrastructure) fell 8.4% to $121.57. Hewlett Packard Enterprise (HPE) (Infrastructure) fell 7.0% to $20.91. Super Micro (SMCI) (Infrastructure) fell 6.4% to $34.10. United (UAL) (Airlines) fell 5.3% to $89.95. Booking (BKNG) (Hospitality & Travel) fell 4.8% to $190.88. These individual stock movements were key drivers of their respective sector performance.

Risk and Opportunity Assessment

On the risk side, 6 high-severity alerts are currently active, signaling significant sector declines that warrant portfolio risk management attention. Consider reducing exposure to affected sectors and tightening stop-loss levels.

US Stock Market Outlook

Near-term breadth is weak: only 7 sectors trade above their 50-day moving average and 17 are below, while active high alerts include Infrastructure, Airlines and Analog & Embedded Chips with multiple 20- and 50-day breakdowns. With six sectors down more than 5% over 20 days and four sectors down over 10% across 50 days, positioning should favor quality defensive exposures and select Mag 7 names, while trimming cyclical and infrastructure hardware holdings until 50-day trends stabilize. Monitor alert counts and sector 50-day breakouts for constructive re-entry signals rather than chasing short-term rebounds.

Hypothetical Portfolio

SIMULATION

Value $96,987

P&L -3.01%

Today -1.24%

View full portfolio → Simulation only. Not investment advice.

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